Stunning Unit Sale in Double Bay
A beachfront property located at 1/24 Stafford St recently exchanged hands for nearly $14m. This ground-floor unit, boasting three bedrooms, three bathrooms, and ample space of 145sqm with a four-car parking slot, equates to an impressive $96,000 per sqm. This sale is closely shadowed by the 149sqm penthouse at 16 William St, Double Bay, which went for $16m – an astonishing $107,000 per sqm.
Swift Sale for Woollahra Residence
The remarkable five-bedroom house at 1 Wallaroy Cres, Woollahra, was sold just 18 days into its expressions of interest campaign. Reports suggest that the selling price surpassed the highest expectation of the $14m-$15m guide. Purchased a decade ago in 2013 for $5m, the property, set on a 547 sqm block, has fetched more than triple its purchase price. Credit for the home’s transformation goes to renowned architect Michael Suttor, who was commissioned for a thorough redesign.
Rose Bay Mansion’s Phenomenal Price Surge
Villa Biscaya, a Spanish Mission-style mansion at 6 Tivoli Ave, Rose Bay, has been sold for around $26m after almost 10 months on the market. With a spacious land area of 1,126 sqm, this property has been spotlighted in Vogue and featured in films like Mao’s Last Dancer, along with appearances in TV hits like The Bachelor, The Voice, and Married At First Sight. Even after considering a modest makeover, its value has surged remarkably from its last sale price of $10.5m in 2020.
Bronte Property’s Stellar Sale at $22.5 Million
12 Bronte Marine Dr in Bronte witnessed a sale of $22.5m, marking a $4.8m increase in a mere 14 months. This modern four-bedroom house was initially purchased by Deutsch in 2018 for $11.2m. After extensive renovations, it was then resold in the following year for $17.7m.
When it comes to prime real estate, the value is often not just in the bricks and mortar but in the stories, the transformations, and the potential each property holds. In a world that’s constantly in flux, prime real estate remains a beacon of stability, luxury, and, above all, home.
